Czech central bank becomes the first central bank to purchase bitcoin, creating a $1 million crypto test portfolio
Foresight News reported, citing CoinDesk, that the Czech National Bank (CNB) has announced the creation of a $1 million cryptocurrency test portfolio, which includes bitcoin (BTC), USD stablecoins, and tokenized deposits. The pilot project aims to test the processes related to the purchase, holding, and management of blockchain-based assets, and the bank plans to share its experience over the next 2-3 years. The bank stated that the total investment will not be actively increased, and this acquisition does not involve the use of the bank's existing international reserves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A total of 2.1274 million TON were transferred into TON, valued at approximately $4.4 million.
The Dow Jones Index opened down by 94.26 points, while the S&P 500 and Nasdaq also declined.
U.S. stocks opened lower, with the Dow Jones down 0.28% and Alibaba up 3.75%.
Trending news
MoreCrypto prices
More
